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How high can the discount rate be before would reject

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Reference no: EM132516924

A project that costs $3100 to install will provide annual cash flows of $850 for each of the next 6 years.

Question a.) What is NPV if the discount rate is 11%? round to 2 decimal places

Question b.) How high can the discount rate be before you would reject the project? round to 2 decimal places

Reference no: EM132516924

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